Despite the major war chest of state funding Indonesia’s government has assembled from fuel subsidy cuts and other revenue raisers, Jakarta is still short of meeting the financial targets necessary to fund its ambitious infrastructure roll out. Finding ways to bridge the gap is thus a key point of discussion in the state capital. That said, one major way to meet this challenge...
Construction
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Articles & Analysis | Collaboration between the state and private sector helping to finance construction projects in Indonesia from The Report: Indonesia 2015
Articles & Analysis | Harun Hajadi, Managing Director, Ciputra; and Ervan Adi Nugroho, President-Director, Paramount Enterprise: Interview from The Report: Indonesia 2015
Which of Indonesia’s real estate subsectors will underpin growth in 2015 and 2016?
Articles & Analysis | Benefits and drawbacks to slowing development of shopping centres in Indonesia from The Report: Indonesia 2015
Following concerns that a boom in the construction of retail malls was causing increased congestion, as well as threatening the livelihoods of many smaller retail operators, in 2011 Jakarta’s then-governor Fauzi Bowo initiated a moratorium on further mall building. Since then, this moratorium has been renewed by his successors. The freeze on mall development has had a...
Articles & Analysis | Indonesia's new regulations expanding opportunities for foreign property ownership from The Report: Indonesia 2015
With the sector booming and many more projects still to come as part of Indonesia’s drive to boost its infrastructure, foreign companies are also looking to take a slice of the country’s construction pie. In the past, entering the local market was sometimes considered challenging, but today moves to boost foreign ownership limits and major regional changes are easing the...
Chapter | Construction & Real Estate from The Report: Indonesia 2015
As a major contributor to the country’s economy as well as a vital part of Indonesia’s future development, the construction sector today faces some major responsibilities and challenges. The segment has experienced continuous growth in recent years on the back of economic and population expansion, while also seeing an enlargement of its expertise and overall capability, with foreign...
Indonesia is transforming from a resources- and consumption-based economy to a more manufacturing- and investment-oriented one, working to build an industrial base that will allow it to reduce its dependence on imports and keep more value within the economy. Following his inauguration in October 2014, President Joko Widodo quickly took a number of vital and positive steps that so far are increasing opportunities for foreign direct investment.